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	<title>Stock Blog Hub &#187; Colgate-Palmolive Company</title>
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		<title>(JNJ) Producer Price Index for August Rises on Energy</title>
		<link>http://www.stockbloghub.com/2009/09/16/jnj-producer-price-index-for-august-rises-on-energy/15261</link>
		<comments>http://www.stockbloghub.com/2009/09/16/jnj-producer-price-index-for-august-rises-on-energy/15261#comments</comments>
		<pubDate>Wed, 16 Sep 2009 16:59:52 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<description><![CDATA[The producer price index for August came in at a much higher-than-expected 1.7% increase for the month, following a 0.9% decline in July and a 1.8% increase in June. The consensus expectation was for a rise of just 0.8%. However, it was almost all because of higher energy costs. Core (ex food and energy) inflation was just 0.2% (just a notch higher than the 0.1% expected), following a 0.1% decline in July and a 0.5% increase in June. Energy prices rose 8.0% following a 2.4% decline in July and a 6.6% increase in June. On a year-over-year basis, producer prices were 4.3% lower, but in July they were 6.8% lower. Core producer prices are up 2.8% on a year-over-year basis. The year-over-year numbers are going to start looking much hotter ]]></description>
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